- Robert F. Kennedy Jr. proposes integrating Bitcoin into U.S. reserves, buying 550 Bitcoin daily until 4 million are acquired.
- The U.S. government could adopt Bitcoin as a strategic reserve asset to address national debt and strengthen financial resilience.
Robert F. Kennedy Jr., who has been appointed Secretary of Health in President Donald Trump’s administration, has made headlines for his bold views about Bitcoin and its ability to transform the global financial system.
Long-time crypto admirer Kennedy sees BTC as a “currency of freedom” that might help middle-class Americans stay out of under inflation. He also sees it as a means of negotiating the country out of its crippling debt and as a cure for the falling value of the U.S. dollar as the reserve currency worldwide.
Bitcoin: A Path to Financial Freedom and Sovereignty
Kennedy has envisioned incorporating Bitcoin into the American financial system in hitherto unheard-of proportions. Previously, he presented a strategy for the Department of Treasury to buy 550 BTC daily, gradually accumulating at least 4 million BTC.
Using Bitcoin’s distributed and open character, this bold idea seeks to stabilize the economy and boost the dollar. Kennedy also promised to remove taxes on Bitcoin exchanges and purchases, therefore underscoring his conviction that financial freedom is just as basic as freedom of expression.
Kennedy’s criticism of centralized banking systems has helped to shape his attitude toward Bitcoin. He contends that the transparency of Bitcoin naturally fights government corruption and advances financial sovereignty.
When considering the economic unrest that followed President Nixon’s gold standard withdrawal, Kennedy views BTC as a contemporary counterpart to bring financial discipline and protection of personal wealth.
Trump first attacked Bitcoin, but lately he has changed his position and supported less control to appeal to crypto aficionados. Kennedy, on the other hand, distinguishes himself as a real supporter of decentralized finance by stressing his continuous enthusiasm for crypto.
On the other hand, according to a prior CNF report, there is conjecture that by 2045 the U.S. government would become among the biggest whale in BTC. With this deliberate acceptance, rising national debt and economic difficulties would be addressed, therefore establishing Bitcoin as a key future reserve asset.
